The hottest topic recently, XPL (Plasma), is going live tonight at 9 PM. Let’s take a look at the pre-launch contract situation: Total network OI reaches $661M, with Hyperliquid accounting for $305M and Binance $255M. These two platforms hold 84.7% of the positions, but Binance’s 24-hour trading volume is three times that of HL. Based on the pre-launch price of 0.77, the initial circulating market cap is estimated at $1.38B. Contract positions account for nearly half of the circulating market cap. Due to the presence of hedgers, just like WLFI, the OI is ridiculously high. As TGE approaches, the price gap between Hyperliquid’s pre-launch price and Binance’s continues to narrow. Previously, due to differences in oracle rules, HL’s XPL price was always higher than Binance’s. The market sentiment remains bullish, with Binance’s long-to-short address ratio at 1.68 and the whale long-to-short ratio at 1.41. The top long position holder for Hyperliquid XPL, address 0x152...fa7c2, has an unrealized profit of $1.211M, with a position size of $13.56M and an entry price of 0.693. One of the most generous project teams recently, with a clear launch structure. So, what’s your move tonight? ____